Kalshi, Knicks and Hawks
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Back in February, Genius announced plans to acquire sports media company Legend for $900 million, plus an additional $300 million earnout for Legend's sellers. Post-merger, this deal could increase Genius' adjusted EBITDA from $190 million to as much as $320 million, while raising operating margin from 23% to 30%.
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The prediction market Kalshi suspended three political candidates from its platform on Wednesday for “political insider trading” after an internal probe found that they bet on their own campaigns.
Kalshi’s enforcement and legal counsel said two of the financial penalties were settlements, while one was disciplinary action
One of the general notes about the 2026 NFL Draft is that this is a relatively light year for top-level QB prospects. Fernando Mendoza is a lock to be the first choice, but the forecast is cloudier beyond that. Here’s what the current Kalshi probabilities have to say about Allar’s chances.
The incidents involved a candidate from Virginia seeking a Senate seat and candidates running for House seats from Minnesota and Texas.